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    3221 Lorain Ave Cleveland, OH 44113

    For Lease
    Contact for pricing

    2,650 SF restaurant space with liquor license available.

    Property size:
    2,650 SF
    Lot size:
    0.09 Acres

    Property Features for 3221 Lorain Ave

    General Information

    Size
    2,650 SF
    Lot size
    0.09 Acres

    Source: Colliers | Cleveland Agent Fabi Miller

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Equipped Restaurant Space in Ohio

    This 2,650 square foot restaurant space is available for rent. The property is a former Ohio City Pizzeria and comes fully equipped. A partial basement provides storage space. A liquor license is available with the building. The location is next to Planet Fitness and across from Ohio City Provisions. It is within walking distance of St. Ignatius High School, Juneberry Table, Goldies Donuts, Duck Rabbit Coffee, and Fridich Bicycle. The area is experiencing new residential developments and strong retail revitalization, making it a potentially desirable location for various business ventures.
    Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Fired-Up Catering, LLC (Wood Fired Pizza & Foods), Amerikraine Food, Sweet Brie Co, Aramark, Luscious, Nibbles and Nosh

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.7093049
    Latitude
    41.4817155

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    FAQs

    What type of property is this?
    Restaurant - 2,650 SF restaurant space with liquor license available.
    Where is this restaurant located?
    The property is located at 3221 Lorain Ave Cleveland, OH.
    What are key features of this property?
    This property features: - Fully equipped 2,650 SF restaurant ready for immediate operation.; - Liquor license available with the building.; - Prime location in Ohio City with strong retail revitalization and new residential developments.
    (216) 239-5060
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    3221 Lorain Ave Cleveland, OH 44113
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3221 Lorain Ave Cleveland, OH 44113
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